NOT LISTED FOR SALE

427 Preakness Ave Unit 429 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $518,000 - $560,719

4 Beds
2 Baths
1,728 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $384,000 $222 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,698/month

31 Days on Market

About This Home

As of December 2023

More pictures coming soon! Location, location, location! Come and check out this large 4 bdrm, 2 bath home in the desired Hillcrest section of Paterson. Large 2-car garage & backyard. Great opportunity to make this home your own with some updating! This home is just minutes away from the train station, bus stops, major highways, and shopping. Perfect for NYC commuters. Being sold strictly AS IS, home needs renovation. Only cash, 203k, hard money, construction loans will be considered. Inspection for informational purposes only. No credits or repairs will be done by the seller. Some or all items will remain in the home. More pictures coming soon!

Last Agent to Sell the Property

Khaled Basuf

HomeSmart First Advantage Realty Listed on: 10/29/2023

HomeSmart First Advantage Realty

Last Buyer's Agent

Florencio Lopez

Unicasa Union Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,277

Lot Details

  • 6,251 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 01210

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,277

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 354-5000
  • MLS Status: Sold - Sold
  • Directions: Chamberlain Ave to Preakness Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Bath, Storage Room, Utility Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 6251.0

Tax Info

  • Tax Annual Amount: 9277.0
  • Tax Block: 01210
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Perfectly Simple Real Estate Llc
Bought by
Akter Rahman M and Akter Marjahan
Current Estimated Value
$542,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Outstanding Balance
$457,808
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$84,872

Purchase Details

Listed on
Oct 29, 2023
Closed on
Dec 5, 2023
Sold by
Fuscaldo Thomas
Bought by
Perfectly Simple Real Estate Llc
Seller's Agent
Khaled Basuf
HomeSmart First Advantage Realty
Buyer's Agent
Florencio Lopez
Unicasa Union Realty
List Price
$365,000
Sold Price
$384,000
Premium/Discount to List
$19,000
5.21%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.37%

Purchase Details

Closed on
Sep 4, 1982
Bought by
Fuscaldo Thomas
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akter Rahman M $515,000 Main Street Title
Akter Rahman M $515,000 Main Street Title
Perfectly Simple Real Estate Llc $384,000 Chicago Title
Perfectly Simple Real Estate Llc $384,000 Chicago Title
Fuscaldo Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akter Rahman M $463,500
Closed Akter Rahman M $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $384,000 +5.2% $222 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
10/29/2023 10/29/23 For Sale $365,000 -- $211 / Sq Ft
Source: New Jersey MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,813 $192,600 $76,100 $116,500
2024 $9,443 $192,600 $76,100 $116,500
2023 $8,940 $192,600 $76,100 $116,500
2022 $8,940 $192,600 $76,100 $116,500
2021 $8,621 $192,600 $76,100 $116,500
2020 $8,041 $192,600 $76,100 $116,500
2019 $7,706 $186,400 $72,700 $113,700
2018 $7,960 $184,000 $72,100 $111,900
2017 $7,496 $180,200 $71,600 $108,600
2016 $7,684 $177,100 $75,400 $101,700
2015 $7,025 $177,100 $75,400 $101,700
2014 $8,450 $300,000 $174,400 $125,600
Source: Public Records

Agents Affiliated with this Home

  • Khaled Basuf

    Seller's Agent in 2023

    Khaled Basuf

    HomeSmart First Advantage Realty

    (973) 262-4933

    2 in this area

    28 Total Sales

    Khaled Basuf
    Section Image

  • F

    Buyer's Agent in 2023

    Florencio Lopez

    Unicasa Union Realty

    (201) 396-2359

    10 in this area

    66 Total Sales

    Florencio Lopez
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23033299

New Jersey MLS

APN: 08-01210-0000-00012

New Jersey Passaic County Paterson 07502 Hillcrest

427 Preakness Ave Unit 429, Paterson, NJ

Not Listed for Sale

Detached

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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